Combico (UK) Ltd, the specialist service training and spare parts provider for Rational combi ovens, has been acquired by First Choice Catering Spares Ltd. Stocks of spares will be transferred to the Cannock premises of First Choice to proudly recognise First Choice as the largest supplier of Rational spare parts, and now service training provider, in the UK. The Combico name … [Read more...]
Search Results for: hotel acquisition
What is your data worth?
Almost everything customers do today is connected to digital technology: searching for restaurants, cafes or hotels online - on their PCs, tablets or smartphones, watching videos on YouTube, sharing restaurant or hotel experiences or reviews on social media, clicking on adverts, or redeeming vouchers. Every interaction triggers data. Hospitality and catering businesses can use … [Read more...]
Whitbread expanding fast with ‘hub’ format
Whitbread has announced deals for two prime City of London sites for its innovative new 'hub by Premier Inn' format, adding more than 350 bedrooms to the 'hub by Premier Inn' secured development pipeline The new sites – on St Swithin’s Lane near Bank, EC4, and on Quaker Street, Shoreditch, E1 – take the total number of secured ‘hub by Premier Inn’ development sites to nine … [Read more...]
Premier Inn acquired 1.6 m sq ft of new space for 5,020 bedrooms in 2013
Whitbread Hotels & Restaurants acquired a record 1.6 million sq ft of hotel and restaurant space across 48 new hotels during its financial year ending Feb 2014. The scale of acquisitions – which exceeds the total footprint of Westfield’s gigantic Stratford shopping centre in East London – included space for 5,020 new bedrooms across 48 new hotels, with 2,000 of the new … [Read more...]
Starwood Capital Group acquires De Vere Venues
Starwood Capital Group has acquired through a controlled affiliate the U.K. hotel and conference centre operator De Vere Venues from the De Vere Group for approximately £232 million. The transaction includes 23 owned and leased hotels comprising 2,433 keys, 374 meeting rooms and 414,000 square feet of meeting space, predominately located in Greater London. The portfolio also … [Read more...]